Watch: Peter Attard Montalto on market reaction to Phala Phala panel

Intellidex’s Head of capital markets, Peter Attard Montalto, joins eNCA’s The Money Desk with Devan Murugan to discuss the volatility of the markets in response to the outcome of the Phala phala panel and reports of President Cyril Ramaphosa’s possible resignation.

“The real question on my mind is: how does he (Cyril Ramaphosa) stay or what does he have to give up or sell if he’d like to stay? Does he go mad on coal perhaps? I don’t think that will happen but that is the kind of question that isn’t really being debated. I think if he really wants to stay, he could stay by giving up various things on policy, on cabinet positions etc.,” says Peter Attard Montalto.

Watch the full interview below.